Bachem Holding AG - Company Profile

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Bachem Holding AG: Segment Analysis

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Business Description

Bachem Holding AG (Bachem) develops, manufactures and markets peptides, oligonucleotides and complex organic molecules such as active pharmaceutical ingredients (APIs) and biochemicals for research purposes. The company operates as a contract manufacturing organization (CMO) and offers products and services to the pharmaceutical and biotechnology industries. The company provides end-to-end chemistry, manufacturing, and controls (CMC) services, including process development, analytical method development, regulatory support, and dedicated project management to help advance complex modalities efficiently and compliantly. Its business spans two API models: exclusive single-customer programs for innovative, IP-protected New Chemical Entities (NCEs), and multi-customer generic APIs supported by validated processes and comprehensive regulatory documentation (e.g., DMFs and CEPs) for global filings. The company also supplies high-quality protected amino acid building blocks with strong quality control, documentation packages, and flexible quantities. It develops and produces cosmetic peptides using approaches such as Tag-Assisted Peptide Synthesis (TAPS), including options for greener and CMR-free processes.

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R&D Overview

Bachem focuses its R&D initiatives on process chemistry and technology optimization, rather than developing proprietary drug candidates. The company operates as a process innovation engine, primarily covering process development to pioneer next-generation synthesis techniques that minimize environmental impact and maximize chemical yields. Bachem is also engaged in specialized R&D initiatives such as peptide-oligonucleotide conjugation to enhance pharmacokinetics and stability of oligonucleotide drugs, and it is a member of the ACS Green Chemistry Institute Pharmaceutical Roundtable, optimizing peptide synthesis to minimize hazardous waste. The R&D unit of Bachem is deeply integrated into production operations, with the combined Research/Development and Production division employing 1,158 Full-Time Equivalents (FTEs), representing 46.1% of the entire global workforce. This unit is responsible for managing the company's R&D activities, focusing on process innovation and supporting the scale-up of peptide and oligonucleotide modalities. In FY2025, the company spent CHF10.2 million on its R&D activities, which as a percentage of revenue stood at 1.5%.


Product Categories

Performance

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Overview

- Comprises commercial projects in new chemical entities (NCEs) and generics. - Key generic APIs include atosiban, buserelin, glucagon, gonadorelin acetate, goserelin acetate, leuprolide acetate, octreotide acetate, somatostatin, teriparatide acetate, tetracosactide, triptorelin acetate, triptorelin pamoate, carbidopa, etomidate and propofol - Key NCE services include API manufacturing, process development, analytics and regulatory support. Expansion of NCE pipeline and new market approvals are major growth drivers for the segment.

Performance

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Overview

- Offers research ingredients to research institutions and laboratories, and biotech and pharmaceutical companies. Provides custom peptide synthesis services for drug discovery, diagnostics, and life sciences.

Performance

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Geographical Segments

Performance

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Capital Expenditure

Reported revenue of CHF100.3 million for FY2025, which grew 85.4% YoY, and reported a CAGR of 68.5% during 2023-25. Accounted for 14.4% of the company's revenue in FY2025.

Performance

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Performance

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Performance

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Performance

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